Northeast College Of Health Sciences
Northeast College Of Health Sciences maintains strong assets despite recent operational deficit.
EIN: 131916574 · Seneca Falls, NY · NTEE: B500 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $33.5M |
| Total Expenses | $23.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $90 |
| Net Assets | $67.1M |
| Transparency Score | 75/100 |
Is Northeast College Of Health Sciences Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northeast College Of Health Sciences directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northeast College Of Health Sciences
Northeast College Of Health Sciences (EIN: 131916574) is a nonprofit organization based in Seneca Falls, NY, classified under NTEE code B500. The organization reported total revenue of $33.5M and total assets of $90.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast College Of Health Sciences's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northeast College Of Health Sciences is a large nonprofit that has been operating for 79 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22.2M |
| Total Expenses | $23.5M |
| Surplus / Deficit | $-1,308,264 |
| Total Assets | $85.3M |
| Total Liabilities | $18.3M |
| Net Assets | $67.1M |
| Operating Margin | -5.9% |
| Debt-to-Asset Ratio | 21.4% |
| Months of Reserves | 43.5 months |
Financial Health Grade: B
In 2023, Northeast College Of Health Sciences reported a deficit of $1.3M with expenses exceeding revenue, holds 43.5 months of operating reserves (strong position), has a debt-to-asset ratio of 21.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northeast College Of Health Sciences's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.7% | +10.8% | +0.9% |
| 2022 | +1.3% | -3.4% | -14.3% |
| 2021 | -10.9% | -13.5% | +17.2% |
| 2020 | -8.9% | -10.1% | +1.5% |
| 2019 | -3.4% | -1.6% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2800 |
| IRS Ruling Date | 1947 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Northeast College Of Health Sciences with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Northeast College Of Health Sciences allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 21.4%.
Executive Compensation Analysis
The consistent reporting of 0% for officer compensation across all available filings is unusual for an organization of this size with assets exceeding $90 million. This suggests that executive compensation may be categorized under other expense lines or that key officers are not compensated, which warrants further investigation for complete financial transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Northeast College Of Health Sciences's IRS 990 filings:
- Recent operational deficit in 202308 ($23,519,518 expenses vs. $22,211,254 revenue)
- Unusually low (0%) reported officer compensation across all filings, potentially obscuring executive pay details.
Strengths
The following positive indicators were identified for Northeast College Of Health Sciences:
- Strong asset base ($90,666,591 in latest filing) significantly exceeding liabilities.
- Consistent history of IRS 990 filings, indicating transparency in reporting.
- Healthy asset-to-liability ratio (approx. 4.67 in 202308), demonstrating financial resilience.
- Historically, expenses have generally been well-managed within revenue limits, with most years showing a surplus.
Frequently Asked Questions about Northeast College Of Health Sciences
Is Northeast College Of Health Sciences a legitimate charity?
Northeast College Of Health Sciences (EIN: 131916574) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $33.5M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Northeast College Of Health Sciences spend its money?
Northeast College Of Health Sciences directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Northeast College Of Health Sciences tax-deductible?
Northeast College Of Health Sciences is registered as a tax-exempt nonprofit (EIN: 131916574). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Northeast College Of Health Sciences CEO make?
Northeast College Of Health Sciences's highest-compensated officer earns $90 annually. The organization reported $33.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Northeast College Of Health Sciences's spending goes to programs?
Northeast College Of Health Sciences directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Northeast College Of Health Sciences compare to similar nonprofits?
With a transparency score of 75/100 (Good), Northeast College Of Health Sciences is above average for NTEE category B500 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northeast College Of Health Sciences located?
Northeast College Of Health Sciences is headquartered in Seneca Falls, New York and files with the IRS under EIN 131916574. It is classified under NTEE code B500.
How many years of IRS 990 filings does Northeast College Of Health Sciences have?
Northeast College Of Health Sciences has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $33.5M in total revenue.
Is Northeast College Of Health Sciences financially stable?
Yes, despite a slight operational deficit in 202308 ($22,211,254 revenue vs. $23,519,518 expenses), the organization maintains strong financial stability with assets of $90,666,591 significantly exceeding liabilities of $18,274,997.
How has the organization's revenue trended over time?
Revenue has fluctuated but generally remained strong, ranging from a high of $30,920,559 in 201708 to a low of $22,211,254 in 202308, indicating a slight downward trend in recent years but still substantial.
What is the organization's asset-to-liability ratio?
In 202308, the asset-to-liability ratio was approximately 4.67 ($85,339,811 assets / $18,274,997 liabilities), indicating a very healthy financial position.
Why is officer compensation reported as 0%?
The consistent reporting of 0% for officer compensation across all filings is unusual and suggests that executive compensation may be reported under different expense categories or that key officers are not compensated directly, which would require further clarification from the organization.
Filing History
IRS 990 filing history for Northeast College Of Health Sciences showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northeast College Of Health Sciences's revenue has declined by 12%, moving from $25.2M to $22.2M. Total assets increased by 12% over the same period, from $76.2M to $85.3M. Total functional expenses fell by 6%, from $25.0M to $23.5M. In its most recent filing year (2023), Northeast College Of Health Sciences reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $18.3M in liabilities against $85.3M in assets (debt-to-asset ratio: 21.4%), resulting in net assets of $67.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22.2M | $23.5M | $85.3M | $18.3M | — | View 990 |
| 2022 | $23.8M | $21.2M | $84.6M | $19.6M | — | View 990 |
| 2021 | $23.5M | $22.0M | $98.7M | $21.4M | — | View 990 |
| 2020 | $26.4M | $25.4M | $84.2M | $20.9M | — | View 990 |
| 2019 | $29.0M | $28.3M | $82.9M | $25.7M | — | View 990 |
| 2018 | $30.0M | $28.8M | $86.3M | $28.7M | — | View 990 |
| 2017 | $30.9M | $28.4M | $85.3M | $30.1M | — | View 990 |
| 2016 | $29.1M | $28.8M | $81.5M | $31.3M | — | View 990 |
| 2015 | $30.4M | $28.7M | $82.9M | $33.1M | — | View 990 |
| 2014 | $30.0M | $27.9M | $86.5M | $33.7M | — | View 990 |
| 2013 | $28.2M | $27.4M | $80.0M | $34.2M | — | View 990 |
| 2012 | $25.4M | $25.6M | $76.8M | $34.4M | — | View 990 |
| 2011 | $25.2M | $25.0M | $76.2M | $34.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22.2M, expenses of $23.5M, and assets of $85.3M (revenue -6.7% year-over-year).
- 2022: Revenue of $23.8M, expenses of $21.2M, and assets of $84.6M (revenue +1.3% year-over-year).
- 2021: Revenue of $23.5M, expenses of $22.0M, and assets of $98.7M (revenue -10.9% year-over-year).
- 2020: Revenue of $26.4M, expenses of $25.4M, and assets of $84.2M (revenue -8.9% year-over-year).
- 2019: Revenue of $29.0M, expenses of $28.3M, and assets of $82.9M (revenue -3.4% year-over-year).
- 2018: Revenue of $30.0M, expenses of $28.8M, and assets of $86.3M (revenue -3.0% year-over-year).
- 2017: Revenue of $30.9M, expenses of $28.4M, and assets of $85.3M (revenue +6.2% year-over-year).
- 2016: Revenue of $29.1M, expenses of $28.8M, and assets of $81.5M (revenue -4.3% year-over-year).
- 2015: Revenue of $30.4M, expenses of $28.7M, and assets of $82.9M (revenue +1.6% year-over-year).
- 2014: Revenue of $30.0M, expenses of $27.9M, and assets of $86.5M (revenue +6.2% year-over-year).
- 2013: Revenue of $28.2M, expenses of $27.4M, and assets of $80.0M (revenue +11.0% year-over-year).
- 2012: Revenue of $25.4M, expenses of $25.6M, and assets of $76.8M (revenue +0.7% year-over-year).
- 2011: Revenue of $25.2M, expenses of $25.0M, and assets of $76.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northeast College Of Health Sciences:
Data Sources and Methodology
This transparency report for Northeast College Of Health Sciences is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.